Proud Ground

Analysis

Proud Ground is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Proud Ground reported income of $10.4m and spending of $1.9m, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $10.4m (+153%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 22% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Proud Ground sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Equinox Inc ($10.4m), Casa ($10.4m) and Grand Street Guild East Housing Development Fund Company Inc ($10.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $150k (7.8% of expenses). Other salaries and wages came to $726k. At year end it held assets of $54.4m against liabilities of $6.8m, net assets of $47.6m. It reported 16 employees.